MiMo-V2.5 vs MiniMax M3.1 Flash
Xiaomi · China | MiniMax · China · Updated June 2026
Quick verdict
Pick MiMo-V2.5 for native omnimodal — strong image and video understanding or very low cost (~half the inference of the pro tier). Pick MiniMax M3.1 Flash for $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length or 428b-parameter moe (about 23b active) with weights on hugging face from october 23, 2026. On a tight budget at scale, MiMo-V2.5 is the value pick.
MiMo-V2.5 (Xiaomi) and MiniMax M3.1 Flash (MiniMax) are two of the models people most often weigh against each other in 2026. MiMo-V2.5 is xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost. MiniMax M3.1 Flash is miniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences at a glance
- ▸Price: nearly identical — $0.14/$0.28 per 1M tokens vs $0.15/$0.6 per 1M tokens. Cost will not be the deciding factor here.
- ▸Context window: both advertise 1M (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
- ▸Recency: MiniMax M3.1 Flash is the newer model by about 6 months (released October 19, 2026), usually meaning fresher training data and capabilities.
Side-by-side specs
| Spec | MiMo-V2.5 | MiniMax M3.1 Flash |
|---|---|---|
| Provider | Xiaomi (China) | MiniMax (China) |
| Released | April 22, 2026 | October 19, 2026 |
| Context window | 1M (~1,500 pages) | 1M tokens (~1,500 pages) |
| Price (in/out) | $0.14/$0.28 per 1M tokens | $0.15/$0.6 per 1M tokens |
| Open weight? | Yes — self-hostable | Yes — self-hostable |
| Modalities | text, image, audio, video, code | text, image, video, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Native omnimodal — strong image and video understanding
MiMo-V2.5
Xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost — and it runs cheaper at $0.14/$0.28 per 1M tokens.
Very low cost (~half the inference of the Pro tier)
MiMo-V2.5
At $0.14/$0.28 per 1M tokens it undercuts MiniMax M3.1 Flash ($0.15/$0.6 per 1M tokens), and that gap compounds at volume.
Agent-framework integration
MiMo-V2.5
MiMo-V2.5 lists agent-framework integration among its strengths; MiniMax M3.1 Flash does not.
$0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length
MiniMax M3.1 Flash
MiniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license — and it is the newer of the two.
428B-parameter MoE (about 23B active) with weights on Hugging Face from October 23, 2026
MiniMax M3.1 Flash
MiniMax M3.1 Flash lists 428B-parameter MoE (about 23B active) with weights on Hugging Face from October 23, 2026 among its strengths; MiMo-V2.5 does not.
DeepSWE v1.1 of 73.7% and OSWorld V2 of 61.7 (MiniMax-reported)
MiniMax M3.1 Flash
MiniMax M3.1 Flash lists deepSWE v1.1 of 73.7% and OSWorld V2 of 61.7 (MiniMax-reported) among its strengths; MiMo-V2.5 does not.
Lowest cost at scale
MiMo-V2.5
At $0.14/$0.28 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ MiMo-V2.5
At $0.14/$0.28 per 1M tokens it undercuts MiniMax M3.1 Flash, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is native omnimodal — strong image and video understanding
→ MiMo-V2.5
It is specifically built for that.
Anyone whose priority is $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length
→ MiniMax M3.1 Flash
That is its strongest area.
MiMo-V2.5: where it fits
Xiaomi's cheap omnimodal model — Pro-level agentic perception across image and video at a fraction of the cost. Released April 22, 2026 by Xiaomi, it is built for native omnimodal — strong image and video understanding, very low cost (~half the inference of the Pro tier), agent-framework integration, and 1M context for full documents in one pass.
Its trade-offs are real: not the deepest reasoning tier (see V2.5-Pro), and limited Western tooling and support. At $0.14 in / $0.28 out per million tokens, it sits in the budget price band.
MiniMax M3.1 Flash: where it fits
MiniMax's October 19, 2026 always-thinking agentic Flash model - 1M context, text/image/video input, $0.15/$0.60 and open weights under a community license. Released October 19, 2026 by MiniMax, it is built for $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length, 428B-parameter MoE (about 23B active) with weights on Hugging Face from October 23, 2026, deepSWE v1.1 of 73.7% and OSWorld V2 of 61.7 (MiniMax-reported), and artificial Analysis Intelligence Index of 42, 13 points above MiniMax M3.
Its trade-offs: thinking is always on and default effort is max, which inflates output-token cost, behind DeepSeek V4.1 Flash 1017 on Artificial Analysis's independent index, custom MiniMax Community license: attribution required, and products above $20M annual revenue need written authorization, and benchmarks are mostly self-reported; no SWE-bench Verified figure published. At $0.15 in / $0.6 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
MiMo-V2.5 and MiniMax M3.1 Flash overlap enough that the right pick depends on your specific job. MiMo-V2.5 costs less per token; and each leads in its own area — MiMo-V2.5 for native omnimodal — strong image and video understanding, MiniMax M3.1 Flash for $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length. Rather than crowning one, run the same hard task through both once and let the results decide.
Want both MiMo-V2.5 and MiniMax M3.1 Flash without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is MiMo-V2.5 or MiniMax M3.1 Flash better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, MiMo-V2.5 leans toward native omnimodal — strong image and video understanding while MiniMax M3.1 Flash leans toward $0.15/$0.60 per million tokens (cached $0.015) with flat pricing regardless of prompt length, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, MiMo-V2.5 or MiniMax M3.1 Flash?
MiMo-V2.5 is cheaper — $0.14/$0.28 per 1M tokens vs $0.15/$0.6 per 1M tokens, roughly 1.1× apart on input.
Which has the bigger context window?
Both advertise 1M (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both MiMo-V2.5 and MiniMax M3.1 Flash together?
Yes — a multi-model platform like LumiChats gives you MiMo-V2.5, MiniMax M3.1 Flash and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, MiMo-V2.5 or MiniMax M3.1 Flash?
MiniMax M3.1 Flash — released October 19, 2026, about 6 months after MiMo-V2.5.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.